State Whether the Function Is a Polynomial Function or Not $f ( x ) = 5 x + 7 x ^ { 3 }$

question 251

Multiple Choice

State whether the function is a polynomial function or not. If it is, give its degree. If it is not, tell why not.
- $f ( x ) = 5 x + 7 x ^ { 3 }$

• A) Yes; degree 7
• B) Yes; degree 1
• C) Yes; degree 3
• D) Yes; degree 5

Understand the economics of innovation and how patent policies can influence industry location decisions.

Understand the concept of marginal revenue and how it plays a role in monopolistic decision-making processes.

Learn how marginal cost influences production decisions for monopolistic firms.

Identify the implications of demand curves on pricing and output for monopolists.

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